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'''From Campaign Website''': Trump's Tax Reform agenda seeks to fulfill four goals:(DTCW)
→Tax Reform
==Tax Reform==
#Tax relief for middle-class Americans
===Personal===
*An individual filing single that has earned less than $25,000 will not pay any income tax. (DTCW-TR) [https://www.donaldjtrump.com/positions/tax-reform]*An individual filing head of household that has earned less than $37,500 will not pay any income tax.(DTCW-TR)*Couple married filing jointly that have earned less than $50,000 will not pay any income tax. (DTCW-TR)*Eliminate the marriage penalty(DTCW-TR)*Eliminate Alternative Minimum Tax (AMTDTCW-TR)
{| class="wikitable" border=0
|+ align="center" size="14px"|'''Trump Tax Brackets and Rates(DTCW-TR)'''
|-
| scope="col" align="center" style="background:#f0f0f0;"|'''Income Tax Rate'''
===Corporate===
*Corporate tax rate reduced to 15%, regardless of business size. (DTCW-TR) Current rate hovers ~39.1%[http://www.forbes.com/sites/taxanalysts/2015/03/25/the-truth-about-corporate-tax-rates/#2715e4857a0b5c9ec04020a5]*Companies are required to bring their funds back from overseas accounts and pay a 10% tax on those funds. Funds used for overseas operating activities are exempt.(DTCW-TR)
===Funding for Tax Cuts===
Trump pledges to propose alternative ways to keep revenue stable whilst reducing taxes.[https://www.donaldjtrump.com/positions/tax(DTCW-reform] *Eliminate loopholes and deductions for the very rich. Steepening the curve of the Personal Exemption Phaseout and the Pease Limitation on itemized deductions.*10% repatriation tax for corporate funds located overseas.*End the deferral of taxes on corporate income earned abroad.*Phase in a "reasonable cap" on the deductibility of business interest expenses.TR)[https://www.donaldjtrump.com/positions/tax-reform]
*Eliminate loopholes and deductions for the very rich. Steepening the curve of the Personal Exemption Phaseout and the Pease Limitation on itemized deductions. (DTCW-TR)
*10% repatriation tax for corporate funds located overseas. (DTCW-TR)
*End the deferral of taxes on corporate income earned abroad. (DTCW-TR)
*Phase in a "reasonable cap" on the deductibility of business interest expenses. (DTCW-TR)[https://www.donaldjtrump.com/positions/tax-reform]
==Jobs and Business Policy==